Global Automated Parking System Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Automation Level;

Semi-Automated and Fully-Automated.

By System Type;

Hardware and Software.

By Platform Type;

Palleted and Non-Palleted.

By Design Model;

Hydraulic and Electro-Mechanical.

By Parking Level;

Less Than Level 5, Level 5-Level 10, and More Than Level 15.

By End-User;

Commercial, Residential, and Mixed-Use.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn141465668 Published Date: May, 2025 Updated Date: June, 2025

Automated Parking System Market Overview

Automated Parking System Market (USD Million)

Automated Parking System Market was valued at USD 2,443.49 million in the year 2024. The size of this market is expected to increase to USD 6,039.59 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 13.8%.


Global Automated Parking System Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 13.8 %


Study Period2025 - 2031
Base Year2024
CAGR (%)13.8 %
Market Size (2024)USD 2,443.49 Million
Market Size (2031)USD 6,039.59 Million
Market ConcentrationLow
Report Pages399
2,443.49
2024
6,039.59
2031

Major Players

  • Skyline Parking
  • Westfalia Parking
  • Unitronics Corporation
  • Klaus Multiparking Systems
  • Robotic Parking Systems Inc.
  • Fata Automation
  • Citylift
  • Parkplus
  • Wohr
  • Parkmatic
  • Eito&Global Inc.
  • Automotion Parking Systems.

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Automated Parking System Market

Fragmented - Highly competitive market without dominant players


The Automated Parking System Market is experiencing steady growth as it addresses urban congestion and improves space utilization in densely populated areas. These systems deliver efficient and driverless parking solutions, making them increasingly relevant in areas with high vehicle density. Currently, over 55% of residential and commercial developments are incorporating automated systems to enhance land use and limit manual intervention.

Rising Demand for Smart Infrastructure
The growing emphasis on smart city frameworks is fueling the uptake of automated parking systems. With a shift toward real-time automation and intelligent mobility, more than 48% of urban projects are deploying or planning to integrate such technologies. The widespread adoption of AI, IoT, and advanced sensors is enabling greater efficiency, safety, and user convenience in urban parking infrastructure.

Space Optimization and Operational Efficiency
Automated parking enhances capacity by vertically stacking vehicles, helping developers minimize the space requirements of traditional parking lots. Approximately 60% of high-rise construction projects now rely on these systems to optimize operations and cut down on maintenance costs. These systems also improve security and ease of use, making them a favored choice for modern infrastructure developers.

Growing Investments and Innovation Trends
The market is also benefiting from increased investments in automation and infrastructure modernization. Approximately 42% of urban development budgets now include allocations for smart parking and mobility solutions. This financial backing is encouraging innovation and the development of next-generation parking systems that offer compact design, low maintenance, and improved user experience.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Automation Level
    2. Market Snapshot, By System Type
    3. Market Snapshot, By Platform Type
    4. Market Snapshot, By Design Model
    5. Market Snapshot, By Parking Level
    6. Market Snapshot, By End-User
    7. Market Snapshot, By Region
  4. Automated Parking System Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Urbanization and Population Growth
        2. Technological Advancements
        3. Regulatory Support and Incentives
        4. Urban Mobility Challenges
      2. Restraints
        1. High Initial Investments
        2. Complexity and Integration Challenges
        3. Regulatory and Safety Complaince
        4. Consumer Preception and Trust
      3. Opportunities
        1. Urbanization and Infrastructure Development
        2. Technological Advancements
        3. Sustainability and Environmental Awareness
        4. Smart City Initiatives
        5. Emerging Markets
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Automated Parking System Market, By Automation Level, 2021 - 2031 (USD Million)
      1. Semi-automated
      2. Fully-automated
    2. Automated Parking System Market, By System Type, 2021 - 2031 (USD Million)
      1. Hardware
      2. Software
    3. Automated Parking System Market, By Platform Type, 2021 - 2031 (USD Million)
      1. Palleted
      2. Non-palleted
    4. Automated Parking System Market, By Design Model, 2021 - 2031 (USD Million)
      1. Hydraulic
      2. Electro-mechanical
    5. Automated Parking System Market, By Parking Level, 2021 - 2031 (USD Million)
      1. Less than Level 5
      2. Level 5-Level 10
      3. More than Level 15
    6. Automated Parking System Market, By End-User, 2021 - 2031 (USD Million)
      1. Commercial
      2. Residential
      3. Mixed-use
    7. Automated Parking Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Midddle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Skyline Parking
      2. Westfalia Parking
      3. Unitronics Corporation
      4. Klaus Multiparking Systems
      5. Robotic Parking Systems, Inc.
      6. Fata Automation
      7. Citylift
      8. Parkplus
      9. Wohr
      10. Parkmatic
      11. Eito&Global Inc.
      12. Automotion Parking Systems
  7. Analyst Views
  8. Future Outlook of the Market